ZIP 88240 Property Distress & Foreclosure Data

ZIP code 88240 in Lea County, New Mexico carries a composite property-distress score of 23/100 — a low reading on DLRadar's deterministic public-record index. Structural risk reads 53/100 against active distress of 2/100. Environmental exposure also runs high (climate & FEMA risk (84/100)). What sets it apart are the readings on construction/permit lag (64/100), structural risk (53/100), institutional ownership (14/100). On the quiet end sit institutional ownership (14/100) and mortgage stress (8/100).

The peak-phase market in 88240 posted values that rose 2.8% over the year, and 17% higher over three years, at 30/100 phase confidence. Near a top, distress surfaces unevenly, so parcel screening beats headline strength.

Population is roughly 41,612 with a median age of 30. Vacancy runs 11.2%, above the national norm and a classic distress-and-opportunity signal. Rent burden reaches 37% of tenant households. DLRadar's demographic-stress index for the area reads 32/100. Home values center near $186,900, an affordability ratio of 2.7× — accessible. There are about 16,720 housing units across 88240. Owners hold 65% of homes, renters 35%. Educational attainment sits at 17% bachelor's-or-above. Median household income is $65,394, below the U.S. median near $78,000. 19.7% of residents fall below the poverty threshold.

On balance 88240 is mixed, rewarding parcel-by-parcel screening over broad assumptions. Every signal above traces to a verifiable public dataset, refreshed continuously and scored the same way in every ZIP nationwide.